Red Lobster has filed for Chapter 11 bankruptcy, the seafood-restaurant chain announced in a statement on Sunday. The move comes after it was made public last week that the company intends to ...

Red Lobster, TGI Fridays and Buca di Beppo also filed for bankruptcy in the last year. Meanwhile, sales at Denny's, Applebee's, Outback Steakhouse, Bonefish Grill, Red Robin and Cracker Barrel's ...

Set out below are five key takeaways from the Red Lobster cross-border proceeding: At the outset of the Chapter 11 proceeding, the U.S. Bankruptcy Court approved debtor-in-possession (DIP ...

It has contributed to financial troubles at once-formidable TGI Friday rivals like Hooters, which recently filed for bankruptcy, and Red Lobster, which emerged from bankruptcy last fall.

One of my favorite restaurants in Muncie is Red Lobster. In my humble opinion ... Last fall, the company filed for bankruptcy and closed over 100 restaurants. As of September, a private equity ...